resulting trust en · NOUN
Meanings
- A trust that is implied in law, under which property entrusted to one party is not to be used for the benefit of that party, but for that party to use for the benefit of a third party.
Forms
| Spelling | Features | Labels | Source |
|---|---|---|---|
| resulting trusts | Number=Plur | lexicographic |
Relateds
Translations (2)
pl powiernictwo wynikowe (trust that is implied in law, under which property entrusted to one party is not to be used for the benefit of that party, but for that party to use for the benefit of a third party) · es fideicomiso presuntivo (trust that is implied in law, under which property entrusted to one party is not to be used for the benefit of that party, but for that party to use for the benefit of a third party)